Unica Corporation Investor Investigation

If you are a current investor in Unica Corporation (NASDAQ:UNCA), and/or have information relating the investigation, you have certain options and you should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this investigation, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Company Name(s):

Unica Corporation

Affected Securities:

NASDAQ: UNCA

IBM announced to take Unica Corporation over for approximately $480 million, which triggered an investigation on behalf of investors of Unica Corporation (NASDAQ:UNCA) as to whether the takeover was fair or not.

Unica Corporation , located in Waltham, MA, is a provider of software and services used to automate marketing processes. On Friday, August 13, 2010, Unica Corporation (NASDAQ: UNCA) and IBM (NYSE: IBM) announced they have entered into an agreement for IBM to acquire Unica Corp. in a cash transaction at a price of $21 per share, or at a net price of approximately $480 million, after adjusting for cash.

Shares of Unica Corporation (Public, NASDAQ:UNCA) almost doubled from $10 per share just days before the news to $20.77 per share after the takeover announcement.

But an investigation on behalf of current Unica Corporation (Public, NASDAQ:UNCA) investors wasn’t so sure if the deal is the best the Unica Corp board of directors can do. The investigation by a law firm “concerns whether IBM, as well as the directors of Unica Corporation breached their fiduciary duties by not acting in Unica Corporation (UNCA) shareholders' best interests in connection with the sale process of Unica Corp by failing to adequately shop the Company prior to entering into the agreement with IBM”.